The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.94 per common share. The quarterly dividend is payable on April 11, 2024, to shareholders of record as of the close of business on March 21, 2024. The company had 215,444,138 shares of common stock issued and outstanding as of February 2, 2024.

Investor Contact: Mollie O’Brien investorrelations@bestbuy.com

Media Contact: Carly Charlson press@bestbuy.com

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